Economy

The advisory group decided that operating as an RIA was a better option.

Lincoln Investment will gain 350 advisers in its acquisition, which CEO Ed Forst foresaw 20 years ago.

The planner, who oversaw $132 million in client assets while at the wirehouse, is starting out on his own with help from Raymond James, the firm said.

The bank’s president Tim Sloan has been meeting with members of Congress and their staffs in Washington, said people with knowledge of the discussions.

Advisers who are attentive will find that they retain their books of business.

The firm is buying City Financial, where brokers oversaw approximately $4 billion, according to the company.

A review of the candidates’ proposals leaves Wilmington Trust execs pessimistic.

One of the recruits began his career in the late 1980s.

Young upstarts have to take a long, hard look at their business models and make key investments as the market cools off.

Alexander Assaf will oversee financial advisers and their teams for the credit union's Addison Avenue Investment Services division throughout Idaho, Oregon and Washington.

See which independent broker-dealers are managing the biggest asset base for client accounts.

Plus, Wells Fargo hires a $700M team from J.P. Morgan Private Bank and helps a $587M Morgan Stanley team go independent.

The firm named Douglas Rubenstein as its new chief operating officer.

Should advisers opt for better platform options or losing back-office and administrative tasks?

Should advisers opt for better platform options or losing back-office and administrative tasks?

How a close relationship with his planners has made Edward Sudzina one of the industry's top leaders.

Nabbing clients away from competitors is a tried-and-true form of corporate growth. Check out these poaches from the bank channel.

The Treasury will soon crack down on valuation discounts. Here’s what it means for your ultrahigh-net-worth clients.

A settlement with Bank of America covers 270 employees who were terminated following the wealth management firm's 2008 acquisition.

Technology that improves compliance, lending and payments by automating processes and relying on AI was spotlighted at Next Money and Finovate, two fintech conferences held in New York this week.